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Table 7.3 : Balance of Payments - invisibles on current account ($ m) 1970-71 to 1998-99
(Including Grants) 1970
-71
1980
-81
1990
-91
1991
-92
1992
-93
1993
-94
1994
-95
1995
-96
1996
-97
1997
-98
1998
-99
1. Foreign travel
Receipts 49 1221 1456 1977 2098 2222 2365 2713 2878 2914 2993
Payments 24 114 392 465 385 497 818 1167 858 1437 1743
Net 25 1107 1064 1512 1713 1725 1547 1546 2020 1477 1250
2. Transportation
Receipts 145 457 983 939 982 1433 1696 2011 1953 1836 1925
Payments 105 450 1093 1289 1485 1765 1863 2169 2394 2522 2680
Net 40 7 (110) (350) (503) (332) (167) (158) (441) (686) (755)
3. Insurance
Receipts 16 64 111 108 158 124 152 179 216 234 224
Payments 16 43 88 126 146 195 181 143 153 183 112
Net 0 21 23 (18) 12 (71) (29) 36 63 51 112
4. Investment income
Receipts 66 917 368 221 376 395 886 1429 1073 1561 1935
Payments 404 592 4120 4051 3799 3665 4317 4634 4323 5081 5479
of which: interest & service (272) (367) (2763) (2590) (2412) (2605) (2690) (2312) (2201) (2792) (2987)
Net (339) 325 (3752) (3830) (3423) (3270) (3431) (3205) (3250) (3520) (3544)
5. Government not included elsewhere
Receipts 40 111 15 17 75 30 10 13 72 276 597
Payments 31 60 173 119 100 153 165 218 178 160 325
Net 9 51 (158) (102) (25) (123) (155) (205) (106) 116 272
6. Miscellaneous
Receipts 42 951 1986 1981 1417 1455 1912 2441 3510 4033 7447
Payments 105 840 1825 1816 1485 2119 2506 3846 2625 3808 6161
Net (63) 111 161 165 (68) (664) (594) (1405) 885 225 1286
7. Transfer payments
a) Official
Receipts 96 755 462 461 364 373 421 351 423 379 308
Payments 9 5 1 1 1 5 5 6 13 0 1
Net 88 750 461 460 363 368 416 345 410 379 307
b) Private
Receipts 209 2707 2083 3798 3864 5287 8112 8539 11139 11875 10341
Payments 18 15 14 15 12 22 19 33 68 45 61
Net 191 2692 2069 3783 3852 5265 8093 8506 11071 11830 10280
Total invisibles
Receipts 662 7183 7464 9502 9334 11319 15554 17665 21405 23244 25770
% yoy - - - 27.3 (1.8) 21.3 37.4 13.6 21.2 8.6 10.9
Payments 711 2119 7706 7882 7413 8421 9874 12216 11209 13237 16562
% yoy - - - 2.3 (6.0) 13.6 17.3 23.7 (8.2) 18.1 25.1
Net Receipts (49) 5064 (242) 1620 1921 2898 5680 5449 10196 10007 9208
% yoy - - - - 18.6 50.9 96.0 (4.1) 87.1 (1.9) (8.0)

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